Newvem is a free SaaS solution that improves the effectiveness of cloud usage through data analytics.
Business Model: SAAS
Revenue: $10M
Employees: 2-10
Address:
City: Tel Aviv
State: Tel Aviv
Zip:
Country: Israel
Newvem is the leader in enhancing cloud usage effectiveness through data analytics. Newvem’s KnowYourCloud Analytics, a free SaaS solution for Amazon AWS customers, provides a 360-degree view of their cloud usage to enable running a reliable and efficient cloud deployment. The service collects and analyzes AWS usage data, revealing issues and anomalies in their cloud, and recommends actionable insights that help solve not just cost efficiency, but security, availability and utilization issues as well. Dev-Ops, IT Managers and Business Managers use Newvem everyday to discover meaningful insights on their cloud-based infrastructure, including potential costs savings, security threats, and availability issues. Newvem is led by a seasoned team of serial entrepreneurs and is funded by Greylock Partners, Index Ventures, Innovation Endeavors and others.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2013 | Convertible Note | - | 5/2012 | Venture Round | 5 | $4M |
ARCH Venture Partners Index Ventures Maurice Werdegar Cameron Peron Greylock Greylock ARCH Venture Partners Index Ventures Maurice Werdegar Cameron Peron Greylock Greylock |
10/2011 | Series A | - | 5/2013 | Convertible Note | - | 10/2011 | Series A | - |
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